Jesuits in Britain Consider Divesting from Rio Tinto Over Environmental Concerns
The Jesuits in Britain are contemplating divesting from Rio Tinto due to environmental concerns related to the company's operations in Madagascar and Guinea. Stephen Power SJ, who manages ethical investments for the Jesuits, expressed dissatisfaction with Rio Tinto's handling of water contamination issues in Madagascar. Reports indicate that water downstream of Rio Tinto's mine contains high levels of uranium and lead, posing health risks to local communities. The Jesuits' concerns also extend to Rio Tinto's Simandou project in Guinea and the company's indirect greenhouse gas emissions.